YOUR COMPANY IS LOOKING FOR THE RIGHT A/R FINANCING SOLUTIONS!
INVOICE FACTORING VIA FACTORING COMPANIES IN CANADA
You've arrived at the right address! Welcome to 7 Park Avenue Financial
Financing & Cash flow are the biggest issues facing business today.
ARE YOU UNAWARE OR DISSATISFIED WITH YOUR CURRENT BUSINESS FINANCING OPTIONS?
CALL NOW - DIRECT LINE - 416 319 5769 - Let's talk or arrange a meeting to discuss your needs
EMAIL - sprokop@7parkavenuefinancial.com
7 Park Avenue Financial
South Sheridan Executive Centre
2910 South Sheridan Way
Oakville, Ontario
L6J 7J8
Receivables lending in Canada hardly suggests commentary by ‘The Bard ' - aka Will Shakespeare. But when we discovered that some classic commentary of his might well relate to Canadian business financing alternatives, we couldn't resist. Could Shakespeare really have been talking about Receivable factoring companies in Canada? We're not sure, so let's dig in!
HOW IMPORTANT IS CONFIDENTIALITY IN YOUR BUSINESS FINANCING?
"Mum's the word" - Henry VI, Part II- Alternative financing solutions such as CONFIDENTIAL RECEIVABLE FINANCE are still relatively unknown to thousands of firms that require working capital and cash flow financing.
FINANCING THE BALANCE SHEET TO ADDRESS CASH FLOW CHALLENGES
Business owners and financial managers in Canada recognize that the ability to finance current assets such as accounts receivable and inventory is key to overall success. But getting it right is always a challenge. While a solid cash flow plan or forecast is all about ensuring you have contingencies in place, Murphy’s law often sets in and creates ' bulges' in your cash flow needs. Payment terms for clients can sometimes stretch out to 90 days in these current times - Pandemics included! That’s when factoring companies can provide you with a solution that works.
WHAT ARE SOME KEY WARNING SIGNS IN BUSINESS PERFORMANCE?
"A wild goose chase" - Romeo and Juliet - Business owners/ managers are often a little too close to the action and miss some of the warning signs in their business. Some of those include the constant need to juggle payments to lenders or suppliers, declining profit margins, mounting CRA obligations, etc.
CAN YOUR BUSINESS ACHIEVE ALL THE BANK FINANCING IT REQUIRES?
We're sure that most Canadian business thinks of our Canadian chartered banks as the solution to the help they require business funding. If your firm doesn't have all the requirements needed to meet bank financing, then alternative financing is the key to your company's survival and growth. Note that an asset monetization strategy such as receivables lending from factor companies does not bring debt onto your balance sheet. Your accounts becomes in effect self-liquidating as it turns into constant cash via finance companies and their factoring company solution.
THE BUSINESS LINE OF CREDIT ALTERNATIVE
The A/R financing solutions are simply the commercial finance solution to a revolving line of credit, allowing you to monetize sales to ensure maximum cash flow availability as you need it. Of course, you only pay for what you use, which is key in understanding the costs associated with this finance method in Canada.
ADDRESSING THE COST OF A/R FINANCE
The way to look at the cost of A/R financing in Canada is simply a cost of doing business that is offset by your ability to grow sales and profits while not being ' the bank' to your clients who we are quite sure have similar problems!
"Too much of a good thing" - As You like It - A proper receivable finance solution allows you better to manage the inflows and outflows of your business. It's that ' timing ' issue that is the key to an A/R solution, as you can monetize sales directly into cash flow. A proper receivable financing solution will also help you if your business is revenue or project-based, allowing you to finance milestones in your work as they are performed.
ACHIEVING BUSINESS FINANCING SUCCESS VIA FACTORING SERVICES FOR SMALL BUSINESS
"All's well that ends well" - All's Well That Ends Well - The perfect ending for any business, as it relates to financing, is the owner/manager's ability to be proactive in cash flow needs planning. Your ability to take discounts with suppliers and vendors and take on large orders and contracts allows you to have a fresh outlook on your business prospects while receiving immediate cash as you generate revenues from your products and services.
CONCLUSION
Can 7 Park Avenue Finacial's invoice factoring company solution help your firm? Invoice factoring services assist thousands of companies every day in Canada. Non recourse financing is also available if that suits your needs. If you want to understand the various factoring/receivable financing options available to your firm, seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with solutions provided by factoring companies in Canada for accounts receivables.
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Stan Prokop
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